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Vietnam seeks to simplify financial-capacity rules as it updates 2017 local-access casino decree
Vietnam’s Ministry of Finance has released an impact assessment report for a new draft decree that would replace Decree 03/2017 on casino operations, aiming to remove regulatory obstacles and align the legal framework with current laws, according to local outlet VietnamNet. The move comes just...
Vietnam’s Sun Group aims to make Phu Quoc Island the next Phuket or Bali
Vietnamese conglomerate Sun Group is intensifying its push to elevate Phu Quoc Island into a leading regional resort destination by coupling aviation expansion with integrated hospitality and entertainment assets. A new analysis from CAPA – Center for Aviation, a global aviation intelligence...
Ho Tram approval set to reshape Vietnam’s gaming landscape and redirect regional player flows: Expert
Vietnam’s decision to allow local players at The Grand Ho Tram—the country’s largest integrated resort in the south—marks a watershed moment for the nation’s gaming market, with an industry expert saying the move will unlock a major domestic segment and shift regional player flows that...
Jeju Dream Tower casino sales surge 97% in November, GKL marks 12.9% rise
South Korea’s gaming sector maintained positive momentum in November, supported by Jeju Dream Tower’s strong performance and a steady uptick at foreigner-only operator Grand Korea Leisure (GKL). Jeju Dream Tower, operated by Lotte Tour Development, recorded a 97 percent year-on-year surge in...
Grand Ho Tram gains massive boost from locals gaming permission, bringing the party from Saigon
Vietnam has radically reshaped its casino gaming landscape, offering a huge opportunity to The Grand Ho Tram by allowing local gaming. While the decision was not entirely unexpected, according to an expert, the repercussions will be profound, and usher in a new wave of play to the geographically...
Genting Malaysia ‘virtually assured’ of getting New York casino license: Maybank
Genting Malaysia’s bid to secure one of New York’s long-awaited commercial casino licenses is gaining momentum, with Maybank analysts saying the group is ‘virtually assured’ of approval in a move that could transform its earnings outlook. New York state is preparing to award up to three...
Jeju Dream Tower’s September casino revenue nearly doubles year-on-year
Jeju Dream Tower’s operator, Lotte Tour Development, reported a sharp increase in financial results for September, with casino revenue reaching KRW52.95 billion ($38.7 million), up 86.3 percent compared to the same month last year, according to its consolidated financial disclosure. Jeju Dream...
Thailand Senate to debate committee report opposing casino bill
Thailand’s Senate is set to debate a committee report opposing the previous administration’s casino-entertainment complex bill on Tuesday, September 23rd. The news comes in updates from the Bangkok Post, noting that the entertainment complex bill, initially advanced under former Prime...
Malaysia government to meet Meta over online gambling ad surge
Malaysia’s Communications Minister Datuk Fahmi Fadzil will meet with Meta executives on September 22nd to address the proliferation of illegal online gambling advertisements on Facebook. According to local news platform Scoop, the meeting comes as the Malaysian government escalates pressure on...
Sun Group officially selected as Van Don $2B casino developer
Vietnam giant conglomerate Sun Group has been officially selected by the Quang Ninh province authorities to develop a $2 billion integrated resort in Van Don that is likely to allow locals to gamble. According to a report by The Investor, the provincial authorities ‘recently issued a document...most popular
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Vietnam seeks to simplify financial-capacity rules as it updates 2017 local-access casino decree
The Government Office has just announced the conclusion of Deputy Prime Minister Truong Hoa Binh about the meeting with leaders of Quang Ninh province on August 31. Regarding the investment policy of the high-end resort and entertainment complex project with casino in Van Don economic zone, the...